Tuesday morning news brief, October 17

Tuesday morning brief Oct 17 2017
Good morning!
Here’s everything you need to know to start your day…
A survey showed that 85% of Indians trust the government and 27% want a ‘strong leader’. The survey by the Pew Research Center also found that a majority of Indian citizens support military rule and autocracy. In addition, India is one of the three countries in the Asia Pacific where people support technocracy, the survey found. Read more
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A minor fire was reported at Prime Minister’s Office in New Delhi this morning. Ten fire tenders were rushed to the spot and the flames were doused within 20 minutes. The blaze started in Room no 242 on the second floor of the PMO at around 3.35 am. Sparking in a computer’s UPS is believed to have caused the fire.
More companies are resorting to Aadhaar to verify new hires. This move could see the week-long verification process reducing to less than 15 minutes, and hiring costs falling dramatically. This is also helping make the process paperless, as there’s no need to provide documents that show, for example, the proof of residence.
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Middleman visited India 25 times for the Agusta helicopter deal. According to investigators, UK-based accused Christian James Michel is believed to have visited India around 100 times since 1993. He’s also said to have had links with the Indian government, including in the defence ministry. Michel is considered key in linking bribery to politicians and bureaucrats.
The BJP has announced interest-free loans to farmers in poll-bound Gujarat. State CM Vijay Rupani announced loans up to Rs 3 lakh to farmers at zero per cent interest, a move likely to benefit over 25 lakh farmers. Currently, Gujarat levies 7% interest on farm loans, of which 3% interest relief is given by the Centre while 3% relief is provided by the state government, bringing the effective interest rate to be paid by farmers to 1%.
Copyright @ 2017 Bennett, Coleman & Co. Ltd.

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